Ascendis Pharma’s stock surges after FDA approval for first and only treatment for rare disease

Ascendis Pharma’s stock surges after FDA approval for first and only treatment for rare disease

The stock of Ascendis Pharma A/S jumped 11% early Monday, after the biotech said the U.S. Food and Drug Administration has approved its Yorvipath as the first and only treatment for a rare endocrine disease. 

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